The High Price of Worrying About Stocks

RICK FERRI: My biggest worry is that investors worry too much about 2014. Don’t worry about the return of any asset class over any single year. Establish a portfolio based on your needs and hold it for the long term.

My second worry is that investors are still paying too much for investment products and advice. There is no reason to pay a lot of money for access to the financial markets. There are many excellent low-cost index funds and ETFs available today. In addition, the era of the 1% adviser fee is over.

Rick Ferri is founder of Portfolio Solutions LLC and the author of books on low-cost index fund and ETF investing. His blog is RickFerri.com.